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Accounting practices have come a long way – from the dawn of double-entry accounting to today’s cloud platforms, innovative new concepts bring greater efficiency to the field. This is particularly true for invoices and billing, as filling out templates by hand slowly starts to recede...

06/08/2019 Release Notes – LUCA Archimedes (V2.0) We are excited to announce a series of major updates to our flagship product, LUCA. LUCA Archimedes is the first update to the LUCA Platform, encompassing second generational improvements such as Multi-Organisational Support and the refinement of MYOB functionality. [V2.0 Archimedes] Multi-Organisational Support Multiple Organisations can...

One of the biggest headaches to small businesses is being paid late. Both the administrative costs and mental toll associated with chasing up receivables can take valuable time away from pursuing organisational goals and business management. Following on from our article, The Cost of Late Payments, we explore...

The cardinal rule. Cash Is King. Perhaps this is the reason that large corporations are paying their small business suppliers after 30 days. However, accumulation of unpaid invoices can have a significant impact on cashflow and financial health for small and medium-sized enterprises (SMEs). As...